News

Vietnam exports the most seafood to the US

Seafood
United States
Vietnam
Published Jun 27, 2022

Tridge summary

After 3 years of Covid-19, Vietnamese seafood exports to the US more and more, becoming the number 1 export market with 23% market share.

Original content

In the first 5 months of the year, seafood exports to the US reached nearly 1.1 billion USD, up 65% over the same period last year. In which, shrimp, fish and bivalve molluscs to this market continuously increased at double digits and pangasius exports to the US increased by 131%. With shrimp, Vietnam is a leading supplier of meat shrimp to the US. Total shrimp exports to the US reached nearly 390 million USD, up 32% over the same period last year and accounted for 21% market share. Regarding tuna, Vietnam mainly exports frozen loin/fille to the US, accounting for 74%. In the first 5 months of this year, tuna exports to the US reached 251 million USD, more than doubled over the same period last year. The sudden increase in shrimp and fish exports to the US was due to the decrease in catfish output here, high inflation, and the conclusion of the 17th anti-dumping tax review in favor of pangasius businesses. At the same time, the number of pangasius businesses allowed to export to ...
Source: VNExpress
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